Western Alliance Bancorporation (WAL)
NYSE: WAL · Real-Time Price · USD
76.12
-0.55 (-0.72%)
At close: Oct 23, 2026, 4:00 PM EDT
76.99
+0.87 (1.14%)
After-hours: Oct 23, 2026, 7:31 PM EDT
WAL Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Equivalents | 5,328 | 3,596 | 4,096 | 1,576 | 1,043 | 516 |
Investment Securities | 20,239 | 12,127 | 8,486 | 9,666 | 6,124 | 4,511 |
Trading Asset Securities | - | 488 | 253 | 223 | 34 | 22 |
Mortgage-Backed Securities | - | 8,904 | 7,215 | 3,619 | 3,036 | 3,570 |
Total Investments | 20,239 | 21,519 | 15,954 | 13,508 | 9,194 | 8,103 |
Gross Loans | 61,549 | 58,983 | 53,957 | 50,582 | 52,198 | 39,346 |
Allowance for Loan Losses | -513 | -461 | -374 | -337 | -310 | -252 |
Other Adjustments to Gross Loans | - | -306 | -281 | -285 | -336 | -271 |
Net Loans | 61,036 | 58,216 | 53,302 | 49,960 | 51,552 | 38,823 |
Property, Plant & Equipment | 592 | 573 | 489 | 484 | 439 | 315 |
Goodwill | - | 527 | 527 | 527 | 527 | 491 |
Other Intangible Assets | 642 | 122 | 132 | 142 | 153 | 144 |
Loans Held for Sale | 3,951 | 3,498 | 2,286 | 1,402 | 1,184 | 5,635 |
Accrued Interest Receivable | - | 473 | 362 | 370 | 357 | 228 |
Other Receivables | - | 22 | 37 | 41 | 39 | - |
Long-Term Deferred Tax Assets | - | 349 | 281 | 287 | 311 | 21 |
Other Real Estate Owned & Foreclosed | 165 | 137 | 52 | 8 | 11 | 12 |
Other Long-Term Assets | 6,119 | 3,591 | 3,416 | 2,557 | 2,924 | 1,695 |
Total Assets | 98,072 | 92,774 | 80,934 | 70,862 | 67,734 | 55,983 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Interest Bearing Deposits | 56,003 | 50,530 | 45,855 | 39,335 | 32,852 | 25,736 |
Institutional Deposits | - | 2,276 | 1,640 | 1,478 | 1,101 | 523 |
Non-Interest Bearing Deposits | 25,752 | 24,353 | 18,846 | 14,520 | 19,691 | 21,353 |
Total Deposits | 81,755 | 77,159 | 66,341 | 55,333 | 53,644 | 47,612 |
Short-Term Borrowings | - | 76 | 78 | 6,808 | 5,015 | 799 |
Current Portion of Long-Term Debt | - | 3,800 | 3,100 | - | - | - |
Current Portion of Leases | - | 32 | - | - | - | - |
Accrued Interest Payable | 1,501 | 116 | 138 | 151 | 35 | 9 |
Long-Term Debt | 6,666 | 1,382 | 1,242 | 1,264 | 2,124 | 1,590 |
Federal Home Loan Bank Debt, Long-Term | - | 1,000 | 2,000 | - | - | - |
Long-Term Leases | 141 | 128 | 159 | 179 | 185 | 143 |
Trust Preferred Securities | - | 86 | 79 | 77 | 76 | 81 |
Other Long-Term Liabilities | 61.6 | 1,049 | 1,090 | 972 | 1,299 | 786 |
Total Liabilities | 90,125 | 84,828 | 74,227 | 64,784 | 62,378 | 51,020 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Preferred Stock, Non-Redeemable | 295 | 295 | 295 | 295 | 295 | 295 |
Total Preferred Equity | 295 | 295 | 295 | 295 | 295 | 295 |
Common Stock | 1,972 | 2,232 | 2,245 | 2,197 | 2,163 | 1,966 |
Retained Earnings | 6,173 | 5,607 | 4,826 | 4,215 | 3,664 | 2,773 |
Treasury Stock | - | -137 | -125 | -116 | -105 | -87 |
Comprehensive Income & Other | -786 | -344 | -534 | -513 | -661 | 16 |
Total Common Equity | 7,359 | 7,358 | 6,412 | 5,783 | 5,061 | 4,668 |
Minority Interest | 293 | 293 | - | - | - | - |
Shareholders' Equity | 7,947 | 7,946 | 6,707 | 6,078 | 5,356 | 4,963 |
Total Liabilities & Equity | 98,072 | 92,774 | 80,934 | 70,862 | 67,734 | 55,983 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Total Debt | 6,807 | 6,504 | 6,658 | 8,328 | 7,400 | 2,613 |
Net Cash (Debt) | -1,479 | -2,420 | -2,309 | -6,529 | -6,323 | -2,075 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -13.65 | -22.10 | -21.13 | -60.18 | -58.76 | -20.09 |
Filing Date Shares Outstanding | 106.6 | 108.48 | 109.05 | 109.08 | 108.71 | 106.1 |
Total Common Shares Outstanding | 106.6 | 108.11 | 108.65 | 108.37 | 108.01 | 105.73 |
Book Value Per Share | 69.03 | 68.06 | 59.01 | 53.37 | 46.85 | 44.15 |
Tangible Book Value | 6,717 | 6,709 | 5,753 | 5,114 | 4,381 | 4,033 |
Tangible Book Value Per Share | 63.01 | 62.06 | 52.95 | 47.19 | 40.56 | 38.14 |